He went even further to call Apple a ‘Tesla Graveyard’, saying ‘if employees don’t make it at Tesla, you go to work at Apple’. These were his responses when queried on whether he was worried about competition to Tesla from Apple in an interview in 2015. Typical to any Apple project, there was lot of secrecy around ‘Project Titan’ too —Apple’s secret project in the automotive space. Yes, they may have been late to that space, with Tesla and other legacy OEMs dominating the EV space. Apple stock will be under pressure sooner or later unless it shows growth in business and comes up with a clear growth path built on AI

Source: The Hindu February 28, 2024 14:39 UTC